Today seems to have been a key reversal day for crude oil, I've been very bullish on crude oil for the past several months, but the price action over the past several days tells me a short term top is in place. I don't see $150 crude by July 4, as one analyst predicted. We'll probably be lower on July 4 than we are today. By no means would I short this market, just seeing the risk/reward ratio on the long side to be neutral to slightly negative at this point, not enough for me to want to short this monster. But I think there will be better long entries later in the year than right now. Still think $200+ crude will be a reality by 2010.